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Mobile payments and messaging technology provider Fonix Mobile reported a strong full-year financial performance in a trading update on Monday. The AIM-traded company said it exceeded market expectations, with an 18.5% increase in gross profit to £17.9m, compared to £15.1m in the prior year. Adjusted EBITDA also saw an 18.1% …

Canadian investment management firm Brookfield has applied to set up an insurance company in the UK to move into the bulk annuity market, according to reports in the Financial Times (FT). The FT reported that Brookfield has filed paperwork with the Prudential Regulation Authority to set up a new insurer. …

In a statement EP Group said it “recognises that Royal Mail is in a challenging situation. Weak financial performance, poor service delivery and a slow transformation, in the face of a market going through structural change, have put the business under unsustainable pressure. With the increasing competition from multinational companies …

IDS, which includes Royal Mail UK and international operations GLS, reported a group adjusted operating loss of 71 million pounds for the year ended March 26, compared with a profit of 758 million pounds a year earlier. Analysts on average had expected a loss of 114 million pounds, according to …

A FedEx worker makes a delivery on Sept. 16, in Miami Beach, Fla.Joe Raedle/Getty Images After FedEx Corp. FDX-N reported weak preliminary financial results and warned of a recession, the stock market shuddered, highlighting the importance many investors attribute to the global delivery giant. FedEx’s share price fell 21.4 per …

The latest report of the E-Commerce in Parcel Delivery market elaborates on factors driving and hindering growth of the industry. Moreover, the report provides exhaustive information about opportunities that can help boost the revenue flow in the forecast period. Furthermore, it compiles extensive data on the key regional markets and …

Global Package Delivery Market Growth, Size, Analysis, Outlook by 2021 – Trends, Opportunities and Forecast to 2026 Package Delivery market report 2020, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Package Delivery market research Reports offers an extensive …

Executive Summary: The latest Third Party Fulfillment Services market research report entails an elaborate assessment of this industry, focusing on all the factors that will positively or negatively impact the revenue flow during the estimated timeline. Further, it highlights the available opportunities in the sub-markets, followed by an …

The research report of E Commerce Logistic market accumulates of data sourced form primary and secondary sources pertaining to the factors influencing industry augmentation over 2021-2026. Furthermore, the document elaborates on challenges that affect the growth matrix of the industry and provides insights into the opportunities that will …

Royal Bank of Canada’s quarterly profit of $3.9-billion was up 20 per cent year over year but down from the third quarterMark Blinch/Reuters Two major Canadian banks have reported higher fourth-quarter profits and large dividend hikes but still failed to meet Bay Street’s expectations, as narrowing profit margins and lower …